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A bank in the region recently made an investment in a community fund focused on affordable housing.

Grand Rapids Business Journal Courtesy First National Bank of Michigan First National Bank of Michigan is making a $1 million investment to support affordable housing development in partnership with Cinnaire and the Michigan Bankers Association Service Corporation. The investments, announced last week, are part of First National Bank of Michigan’s (FNBM) commitment to expanding access to high-quality affordable housing, a key driver of economic mobility and family stability, the bank said. “FNBM has partnered with Cinnaire over the past 14 years in several of these investments supporting ...

First National Bank of Michigan Announces Investment in Fund to Develop Affordable Housing in Michigan Communities Image provided by: First National Bank/2020 Cliffview and last updated 2020-12-17 13:41:53-05 LANSING, Mich. — First National Bank of Michigan (“FNBM”) has announced a $1,000,000 investment to support affordable housing development in partnership with Cinnaire and the Michigan Bankers Association Service Corporation (MBASC). The investments are part of First National Bank of Michigan’s commitment to expanding access to high-quality affordable housing, a key dr...